- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- U.S. Stocks Rally for the Second Straight Week
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- Hirschhorn: Risk-Averse Traders
- Roginsky: A Funny Thing Happened on the Way to Financial Reform
- This Year's Biggest Thanksgiving Leftover: Cash
- TV Series Inks Unique Deal For Fight
- Stronger Yuan Needed for Global Rebalancing: IMF Chief
- Gold Hits Record $1,130 as Dollar Drifts Lower
- Japan Third Quarter GDP Jumps; 2010 Growth May Slow
- Analysis: APEC Nations Back Face-Saving Climate Plan
- GM to Start Repaying $6.7 Billion US Government Loan
- Shift Into High-Quality Stocks Could Move Market Higher
- Cities With the Most Home Price Reductions
- Drug Study Questions Effectiveness of Merck's Drugs
- Military Arms Race Dominates Dubai Air Show
MOST SHARED
- U.S. May Wind Up Green With Envy
- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
- Japan Third Quarter GDP Jumps; 2010 Growth May Slow
- Analysis: APEC Nations Back Face-Saving Climate Plan
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- For Investors, The New Green Looks To Be White
- Stronger Yuan Needed for Global Rebalancing: IMF Chief
- Disaster Film '2012' Drowns Rivals at Box Office
- Taking a Page from Obama's Asia Agenda in Investing
- The Cost of Thanksgiving Dinner 2009

How goes the battle against Chinese intellectual piracy? John Taylor, Hoover Institute fellow and former Treasury department undersecretary, joined James Bacchus, chairman of the global trade practice group at Greenberg Traurig, to reassure "Power Lunch" viewers that "we're making progress as we speak."
Bacchus, who also served as chairman of the World Trade Organization's appellate body, told CNBC's Sue Herera that the U.S. must pressure China "on a number of fronts -- and it is." He agreed with China's Vice Premier Wu Yi, who cautioned that "domestic politics shouldn't cloud sound economic decisions" -- and he said that protectionist backlash is a "legitimate fear."
But Bacchus said the two copyright infringement suits filed by the U.S. with the WTO are "not about protectionism -- they're about our rights under the WTO framework." He said they're also rights that China agreed to acknowledge when it signed off on the WTO treaty. He declared that Beijing's cracking down on piracy will only help lower trade barriers, in turn helping China.
Taylor agreed, maintaining that China is "working to enforce the law more" and is "prosecuting more cases." He pointed to moves like Beijing's reported investment in Blackstone as proof that the Pacific country and the U.S. are making "good, steady progress" on currency negotiations, too.
- Where, what, how.
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
- Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.








